Form 4 for CDLX Cardlytics, Inc.
Accepted 2024-04-02 00:00:00 ET · period of report 2024-04-01 · accession 0001666071-24-000058 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2024-04-02 | 2024-04-02 | CDLX | Lynton Nicholas Hollmeyer | Chief Legal, Privacy Off | S - Sale+OE | $13.69 | -12.5K | 71.4K | -15% | -$170.6K |
| DM | 2024-04-02 | 2024-04-01 | CDLX | Lynton Nicholas Hollmeyer | Chief Legal, Privacy Off | M - OptEx | — | +28.0K | 57.4K | +95% | — |
| DM | 2024-04-02 | 2024-04-01 | CDLX | Lynton Nicholas Hollmeyer | Chief Legal, Privacy Off | M - OptEx | $0.00 | -28.0K | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2024-04-02 | S | D | 12,401 | $13.69 | 71,414 | D | — | — | (F2) Shares were sold solely to satisfy withholding tax obligations that resulted from the delivery of shares of common stock for RSUs that vested on April 1, 2024. The Reporting Person did not sell shares for any other purpose. (F3) The price reported is a weighted average sales price. These shares were sold in multiple transactions at prices ranging from $13.40 to $14.375, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (3) and (4). |
| 2 | Common | Common Stock | 2024-04-01 | M | A | 807 | — | 83,815 | D | — | — | (F1) Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock of the Issuer. |
| 3 | Common | Common Stock | 2024-04-01 | M | A | 581 | — | 83,008 | D | — | — | (F1) Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock of the Issuer. |
| 4 | Common | Common Stock | 2024-04-01 | M | A | 25,000 | — | 82,427 | D | — | — | (F1) Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock of the Issuer. |
| 5 | Common | Common Stock | 2024-04-02 | S | D | 59 | $14.41 | 71,355 | D | — | — | (F2) Shares were sold solely to satisfy withholding tax obligations that resulted from the delivery of shares of common stock for RSUs that vested on April 1, 2024. The Reporting Person did not sell shares for any other purpose. (F4) The price reported is a weighted average sales price. These shares were sold in multiple transactions at prices ranging from $14.40 to $14.41, inclusive. |
| 6 | Common | Common Stock | 2024-04-01 | M | A | 1,578 | — | 57,427 | D | — | — | (F1) Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock of the Issuer. |
| 7 | Derivative | Restricted Stock Unit | 2024-04-01 | M | D | 1,578 | $0.00 | 14,202 | D | — · — to — | 1,578 Common Stock | (F1) Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock of the Issuer. (F5) This RSU award was originally for 38,222 shares. Twenty-five percent (25%) of the shares under this award vested on July 1, 2023, with the remaining 75% vesting quarterly over the subsequent three years in equal amounts thereafter provided the Reporting Person continuously provides service to the Issuer through the vesting date. |
| 8 | Derivative | Restricted Stock Unit | 2024-04-01 | M | D | 807 | $0.00 | 0 | D | — · — to — | 807 Common Stock | (F1) Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock of the Issuer. (F8) This RSU award was originally for 3,226 shares. 25% of the RSUs award vested on each of April 1, 2021, April 1, 2022, April 1, 2023, and April 1, 2024. |
| 9 | Derivative | Restricted Stock Unit | 2024-04-01 | M | D | 581 | $0.00 | 4,650 | D | — · — to — | 581 Common Stock | (F1) Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock of the Issuer. (F7) The RSU award was originally for 9,299 shares. Twenty-five percent (25%) of the shares under this award vested on April 1, 2023, with the remaining 75% vesting quarterly over the subsequent three years in equal amounts thereafter provided the Reporting Person continuously provides service to the Issuer through the vesting date. |
| 10 | Derivative | Restricted Stock Unit | 2024-04-01 | M | D | 25,000 | $0.00 | 0 | D | — · — to — | 25,000 Common Stock | (F1) Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock of the Issuer. (F6) This RSU award was originally for 100,000 shares. 25% of the RSUs award vested on each of July 1, 2023, October 1, 2023, January 1, 2024 and April 1, 2024. |